The Victorian Government has granted construction approval for Australia’s third-tallest building, with a permit with conditions given for the $275 million tower to be construction at the former Queensbridge Hotel site.

 

The 71-storey (276 metres) residential tower will be Melbourne's second-tallest building (Eureka 297 metres, Rialto 254 metres) and will comprise 592 apartments as well as ground floor and mezzanine retail space. The project will create more than 800 jobs and will be a major employment boost.

 

The project will be a major employer, creating 650 construction jobs, 50 jobs in planning and design, 25 jobs in building management, and 80 retail jobs.

 

A number of stringent conditions are attached to the permit to appropriately respond to Melbourne City Council's views, including increased setbacks from neighbouring buildings, and access arrangements and ground level amenity that reflect consideration of the public feedback and concerns addressed to the Minister.

 

Details of the proposal by Schiavello (Vic) Pty Ltd are outlined in the planning permit available at www.dpcd.vic.gov.au/planning/permits